109(1) The amount of the writing-down allowance to which a person is entitled for a chargeable period in respect of expenditure to which this section applies is 10% of the amount by which AQE exceeds TDR (see Chapter 5).
109(2) This section applies to expenditure incurred on the provision of plant or machinery for leasing if–
(a)the plant or machinery is at any time in the designated period used for overseas leasing which is not protected leasing, and
(b)the expenditure is not long-life asset expenditure.
109(3) Subsection (2) applies to expenditure even if the expenditure is in a single asset pool.